The energy sector in transition
Energy supply is undergoing a significant transition towards decarbonisation, decentralisation and digitisation. Renewable energies are replacing conventional production based on finite fossil resources. End consumers are becoming self-producers (prosumers) and districts and concepts on self-sufficient energy supply are emerging. Metering and billing is done automatically using intelligent systems (smart metering). This presents major challenges to all market players, from energy suppliers to traders, investors, network operators, end consumers and service providers.
Sector-specific regulatory requirements are rapidly changing and influenced by political developments at national and European level - and progressively at global level, too. New business models optimise energy consumption and power usage, and are increasingly combining electricity, gas and heat supply with industrial processes, real estate usage and mobility (sector coupling). Flexible solutions using power storage are also developing. All this generates considerable costs during the transition of energy supply - charges to the electricity consumer through taxes, surcharges and fees now account for over 50% of the price of electricity.
The specific expertise of WTS energy law experts
WTS has extensive industry experience in the energy sector and advises its clients along the path to the energy industry of the future. WTS comprehensively advises on all areas of energy law and at all stages of energy industry value chain. One special focus is on the development of new business models and contract structuring under the new framework conditions, as well as on cost optimisation for the industry.
WTS has many years of experience in advising industrial businesses on energy costs that come in the form of taxes, levies and energy law surcharges (e.g. energy tax, electricity tax, EEG and CHP surcharges), as well as on increasing energy efficiency. With an integrated energy and tax consultancy service, WTS is your reliable partner for all purposes. Our Tax and Legal departments (tax advisers, lawyers and auditors) work closely together to ensure this. By doing so, our team of experts is able to cover all areas of energy and electricity tax law. We also advise on energy management systems, processes and, if required, we provide the necessary support from auditors and IT consultants.
WTS offers the following energy law advisory services: